Word: leniently
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Representative Crisp made the majority report favoring ratification because he is one of the members of the Debt Funding Commission. Representative Cordell Hull, also a Democrat, made the minority report objecting vigorously to the Italian agreement, which is the most lenient that has been made...
...Court is thus lenient because of the military record of the accused during the World War, two-thirds of the members present at the time the vote was taken concurring...
...small doubt that the time element worked in Count Volpi's favor, but there must have been other factors as well which enabled the Italian negotiator to convince Secretaries Mellon, Kellogg and Hoover and Senator Smoot as well that Italy deserved the terms she got-the most lenient which the U. S. has granted to any debtor nation, not excepting Belgium...
Reasons for Leniency. The reason that Senator Smoot and other members of the Debt Commission were willing to grant Italy such lenient terms was simple: They did not believe she could pay more. Her soil is not fertile enough to give Italy a big export surplus of agricultural products. She has very little in the way of natural resources. She has very high taxes and few wealthy people. All she has is cheap labor, and cheap laborers are very poor people from whom to raise taxes...
...settlement. She is the only great nation that has not come to terms, and the flow of private U. S. credit into Italy after the Italian agreement is an inducement to similar action by the French. Also the French press intimated that France would now expect terms as lenient as the Italian...